Cost of Living: Waterloo, IA vs Naperville, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waterloo | Naperville |
|---|---|---|
| Housing Index | 95.0 | 120.0 |
| Median Home Price | $175,000 | $395,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1300 | $2240 |
Housing Comparison: Waterloo vs Naperville
- The median home price in Naperville is higher at $395,000, compared to $175,000 in Waterloo.
- In Naperville, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Waterloo.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Waterloo | Naperville |
|---|---|---|
| Electricity Price | $14.82 | $16.15 |
| Natural Gas Price | $15.61 | $16.59 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Waterloo vs Naperville
- Naperville has higher electricity costs at $16.15 per kWh, versus $14.82 in Waterloo.
- Naperville experiences higher natural gas costs at $16.59 per unit, with costs at $15.61 in Waterloo.
- Utility expenses are equal in both Waterloo and Naperville averaging $250.